What are the effects of industrialization?
In the twentieth-century, industrialization added hundreds of new industries and millions of new jobs and production was often increased beyond immediate demand. This spurred strategies such as advertising to increase consumption, and in turn this has led to a culture of overconsumption. Despite the advantages, the benefits of industrialization have not been shared equally. Generally, those who own the capital, or the means of production, benefit more from these changes than those who must sell their labor. More recently, wealthy countries have been able to reform labor laws. These changes allow more people to participate in the benefits of industrialization, but often these reforms are supported by exploiting cheap pools of labor in less industrialized parts of the world.
